Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/273633 
Year of Publication: 
2022
Series/Report no.: 
LEM Working Paper Series No. 2022/31
Publisher: 
Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM), Pisa
Abstract: 
In the centennial of the March on Rome, this paper contributes to the political economy of Italian Fascism by addressing in quantitative terms the fortunes of Italian economic elites during the interwar period. Macro-economic indicators indicate capital accumulation and high profits, in a period characterised by international economic turmoil, alongside increasing concentration. New fiscal evidence is adopted to show the increasing relative position of the rich, including new series of top income shares. A discussion of taxation at the top and its evasion makes it possible to place these developments within the regressive economic policies of the Fascist regime.
Subjects: 
Fascist Italy
income inequality
interwar Europe
top incomes
capital
JEL: 
D31
D63
E25
J31
N34
Document Type: 
Working Paper

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